I have today made my last payment due on my mortgage with HSBC. I assume I don't need a Petersham conveyancer on the HSBC panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
I was told four weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Petersham is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Skipton have agreed my home loan in principle, my bid on a flat in Petersham has been accepted, what happens next?
Your property agent will wish to be advised as to your solicitor's details (ensure that the solicitors are on the lender’s approved list). Contact Skipton or the broker and finish off any relevant forms. Skipton will instruct a valuer who will get in contact with the estate agent or seller to arrange a slot for the valuation to happen. Once carried out (assuming no problems) it takes about a week to receive the mortgage offer. Skipton will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Petersham.
What does a local search tell me regarding the property we're purchasing in Petersham?
Petersham conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Searchflow The local search is essential in every Petersham conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search should reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I used Wolstenholmes several years past for my conveyancing in Petersham. Now, I need my files but the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Petersham of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build apartment in Petersham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Petersham
-
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I need to retain a conveyancing solicitor for some conveyancing in Petersham. I've chance upon a site which looks to be the perfect answer If there is a chance to get all the legals done via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Is it true that a Petersham conveyancing firm has court proceedings brought against them by clients for not carrying out the appropriate conveyancing searches?
We are not aware of such a Petersham conveyancing matter but according to a recent report, clients acquiring a property in Cumbria successfully won a claim against their lawyer as a consequence of development permission to build a wind farm not being identified in conveyancing searches.
If you are buying in Petersham It is important that your conveyancing practitioner conduct all Petersham conveyancing searches required making sure that you have relevant and current information before purchasing a property.